The Trump Bitcoin Conference fundraiser in Nashville has reached its maximum ticket price of $844,600.

The Trump Bitcoin Conference fundraiser in Nashville has reached its maximum ticket price of $844,600.
The Trump Bitcoin Conference fundraiser in Nashville has reached its maximum ticket price of $844,600.
  • In Nashville, a campaign fundraiser is being hosted by Donald Trump, with the top ticket priced at $844,600 per person.
  • The annual conference known as Bitcoin 2024, which is the largest gathering of cryptocurrency enthusiasts in the country, is hosting the event of the Republican presidential nominee on the sidelines.
  • At Bitcoin 2024, Trump will deliver the keynote speech, marking a significant shift in his stance on cryptocurrency, from skeptic to advocate.

The Bitcoin Conference in Nashville will host a campaign fundraiser featuring former President Donald Trump, with the most expensive ticket costing $844,600 per person.

The July 27 event, which is the country's largest gathering of cryptocurrency enthusiasts, will coincide with Trump's anticipated keynote speech.

The maximum donation amount permitted for individuals to give to Trump and the Republican party's largest joint fundraising committee, known as the Trump 47 Committee, covers the cost of the top-tier tickets, which include a seat at a roundtable with Trump.

The invitation states that the next level down costs $60,000 per person or $100,000 per couple, and includes a photo of the former president.

Before surviving an attempted assassination on July 13, Trump agreed to speak at the Music City Center event.

A representative from the Trump campaign declined to provide a comment on their upcoming events in Nashville.

Former SEC Chair Jay Clayton: Sen. JD Vance is appealing to the everyday American

In recent months, Trump has shifted his stance on cryptocurrencies and is now advocating for them as a pro-crypto candidate for president, a change from his previous position during his time in the White House.

In April, Trump released his newest NFT collection on the Solana blockchain and has been making more optimistic remarks about crypto ever since.

The Trump campaign team is accepting digital currency donations and has pledged to defend the rights of those who choose to self-custody their coins, meaning they hold their tokens in personal crypto wallets, which may not be subject to IRS regulations.

Trump pledged at the Libertarian National Convention in May to safeguard bitcoin owners from Elizabeth Warren, D-Mass., and her supporters.

Trump declared that all future bitcoin will be minted in the U.S. if he returns to the White House after meeting with about a dozen bitcoin mining executives who pledged cash and votes to him.

On Monday, the Republican presidential nominee announced Ohio Senator JD Vance as his running mate, a move that was seen as a positive development for the crypto sector. Vance has been an advocate for less regulation of crypto and disclosed in 2022 that he personally owns bitcoin.

In contrast to the Biden White House's consistently skeptical stance on crypto regulation, the Securities and Exchange Commission has intensified its actions towards the sector under Biden's leadership.

Despite the lack of strict regulations from Congress, the U.S. has emerged as a leading enforcer of penalties and legal challenges against crypto companies.

In this election cycle, the crypto community has emerged as a significant source of funding and support.

The day after Trump appointed Vance to his ticket, Marc Andreessen and Ben Horowitz informed their employees at Andreessen Horowitz that they planned to make substantial contributions to political action committees supporting Trump's campaign.

Horowitz stated on "The Ben & Marc Show," which features the a16z co-founders, that they have filed lawsuits against over 30 of their companies.

The issue is that startups lack the financial resources to fight against the U.S. government in lawsuits, resulting in almost all losses. This is negatively impacting the industry.

In this election cycle, Fairshake, a super PAC backed by crypto's top companies, has become one of the top-spending PACs. Out of the $160 million in total contributions it has received, 94% can be traced back to just four companies: Ripple, Andreesen Horowitz, Coinbase, and Jump Crypto.

In June 2020, San Francisco hosted a Trump fundraiser that attracted technologists, crypto executives, and venture capitalists, who each paid up to $300,000 for a ticket. The event ultimately raised over $12 million.

by MacKenzie Sigalos

Technology